VerbatimParliament, as it happens

National Wealth Fund: Investment

Asked by Blake StephensonConservativeTreasuryTabled Answered 2 May 2025UIN 47930

The question

To ask the Chancellor of the Exchequer, what estimate she has made of the expected return on investment for investments in the National Wealth Fund.

Answered by James Murray

The National Wealth Fund will seek to make positive returns for the Exchequer across its whole portfolio, covering at least the government’s cost of borrowing and institutional overheads, in line with its Financial Framework.

This will take time to achieve and should be balanced with the National Wealth Fund’s increased risk appetite.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim